Response Plus Medical acquires UK-based Prometheus Medical

Response Plus Medical (RPM) has acquired UK-headquartered Prometheus Medical, part of Safeguard Medical, a healthcare training and consultancy services company.

Safeguard Medical is a global provider of emergency medical technologies and specialised training for first responders.

Response Plus Medical is part of Response Plus Holding, the largest pre-hospital medical services provider in the UAE and Saudi Arabia, listed on the Abu Dhabi Securities Exchange.

It operates 500 clinics catering to the oil and gas and industrial sectors, boasting a tier-one client roster that includes prominent names such as ADNOC, Schlumberger, Oxy, TOTAL, and Halliburton.

Prometheus acquisition will provide an opportunity to extend its coverage to global oil majors and defence providers serviced by Prometheus, including Shell, Chevron, ACKER BP, DCAS, the UK’s Military and Royal Flight of Oman, and the UK security, defence, and NHS emergency services.

The acquisition will drive RPM’s market entry into the UK and Nordic regions. It will provide comprehensive solutions for offering emergency consultancy and training services, remote health (including emergency) services cuatomised to the needs of energy and defence companies, VIPs’ medical coverage, and other health needs.

Response Plus Medical acquiring Prometheus Medical is part of its global expansion strategy

Response Plus Medical CEO Dr  Rohil Raghavan stressed the significance of this acquisition in implementing the company’s global expansion strategy.

“This move further solidifies our position as the preferred healthcare provider for leading energy and defense entities worldwide. We eagerly anticipate integrating Prometheus’s expertise into our offerings as part of our ongoing mission to deliver exceptional healthcare solutions,” he said.

As part of the acquisition, RPM will become a distributor for US-based Safeguard Medical’s innovative trauma care and simulation products in GCC and India, bringing the most advanced range of trauma products to the region.

Steven Wines, president of Training and Consultancy at Prometheus Medical, said, “Our track record and diverse specialties, including pre-hospital care protocols, helicopter emergency medical service, international major incident management, and innovative medical training, position us as key contributors to this transformative partnership. We are poised to deliver exceptional and cutting-edge healthcare solutions that transcend boundaries and elevate standards across industries.”

Aligned with the acquisition, RPM is forging forward, aiming to integrate all aspects of pre-hospital healthcare services under one portfolio.

The acquisition is expected to be funded through a mix of debt and internal accruals. It is estimated to contribute early teen inorganic revenue and EBITDA growth to RPM on a run-rate basis.